[Federal Register Volume 71, Number 136 (Monday, July 17, 2006)]
[Notices]
[Pages 40556-40557]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-11230]


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SECURITIES AND EXCHANGE COMMISSION


Submission for OMB Review; Comment Request

Upon Written Request, Copies Available From: Securities and Exchange 
Commission, Office of Filings and Information Services, Washington, DC 
20549.

Extension:
    Rule 17a-6, SEC File No. 270-433, OMB Control No. 3235-0489.

    Notice is hereby given that pursuant to the Paperwork Reduction Act 
of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange 
Commission (``Commission'') has submitted to the Office of Management 
and Budget a request for extension of the previously approved 
collection of information discussed below.
    Rule 17a-6 (17 CFR 240.17a-6) under the Securities Exchange Act of 
1934 (15 U.S.C. 78a et seq.) permits national securities exchanges, 
national securities associations, registered clearing agencies, and the 
Municipal Securities Rulemaking Board (collectively, ``SROs'') to 
destroy or convert to microfilm or other recording media

[[Page 40557]]

records maintained under Rule 17a-1, if they have filed a record 
destruction plan with the Commission and the Commission has declared 
such plan effective.
    There are currently 22 SROs: 10 national securities exchanges, 1 
national securities association, 10 registered clearing agencies, and 
the Municipal Securities Rulemaking Board. These respondents file no 
more than one record destruction plan per year, which requires 
approximately 160 hours for each new plan. However, the Commission is 
discounting that figure given its experience to date with the number of 
plans that have been filed. Further, any existing SRO record 
destructions plan may require revision, over time, in response to, for 
example, changes in document retention technology, which the Commission 
estimates will take much less than the 160 hours estimated for a new 
plan. Thus, the total annual compliance burden is estimated to be 60 
hours, based on an estimated two respondents per year. The approximate 
cost per hour is $250, resulting in a total cost of compliance for 
these respondents of $15,000 per year (60 hours @ $250 per hour).
    An agency may not conduct or sponsor, and a person is not required 
to respond to, a collection of information unless it displays a 
currently valid control number.
    General comments regarding the estimated burden hours should be 
directed to the following persons: (i) The Desk Officer for the 
Securities and Exchange Commission, Office of Information and 
Regulatory Affairs, Office of Management and Budget, Room 10102, New 
Executive Office Building, Washington, DC 20503 or by sending an e-mail 
to [email protected] and (ii) R. Corey Booth, Director/Chief 
Information Officer, Securities and Exchange Commission, c/o Shirley 
Martinson, 6432 General Green Way, Alexandria, VA 22312 or by sending 
an e-mail to [email protected]. Comments must be submitted within 30 
days of this notice.

    Dated: July 10, 2006.
Jill M. Peterson,
Assistant Secretary.
 [FR Doc. E6-11230 Filed 7-14-06; 8:45 am]
BILLING CODE 8010-01-P